Hope, KS
Population 463 · Kansas
About Hope, KS
Hope is a small community located in Kansas with a population of 463 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hope features a median home value of $105,900, which is 57% below the national median of $244,900. This makes Hope one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $725, 38% below the national average of $1,163/month. Of the 199 total housing units, 78% are owner-occupied (134 units) and 22% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hope shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 36.5%, above the national average of 12.4%. Workers in Hope have an average one-way commute time of 23.2 minutes.
Education & Demographics
12.0% of Hope residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.2% White, 4.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Hope, KS
Compared to national averages, Hope has a median household income of $48,750 (35% below the national median of $75,149). Home values average $105,900, which is 57% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within Kansas, Hope's income is 24% below the state average of $63,989, and home values are 7% below the state median of $113,913.
Why Live in Hope, KS?
Hope offers affordable housing with a median home value of $105,900, below the US average of $244,900, and rent that’s lower than the national average at $725/month, and short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($48,750) that falls below the national average. However, Hope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hope has a population of 463 with a median age of 39.4 years. Compare Hope with other cities to see how it stacks up, or explore all cities in Kansas.
Similar Cities Near Hope
Cities in Kansas with a similar population size.
Demographics
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Economy & Education
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Other Cities in Kansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hope
What is the population of Hope, KS?
The population of Hope, KS is 463 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Hope?
The median household income in Hope, KS is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Hope?
The median home value in Hope, KS is $105,900, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hope?
The median monthly rent in Hope, KS is $725, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Hope?
The unemployment rate in Hope, KS is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hope, KS a good place to live?
Hope offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 463 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Hope, KS?
12.0% of residents in Hope aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hope?
Key cost-of-living indicators for Hope, KS: median home value is $105,900 (57% below national), median rent is $725/month, and median household income is $48,750. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hope?
The poverty rate in Hope, KS is 36.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hope, KS?
Hope's population is 0.2% White, 4.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.